Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red
Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolida...
Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700.
Similarly, most major altcoins declined sharply. ETH traded below the key USD 3,000 support zone. XRP declined and even spiked below USD 0.70 before recovering. ADA is down almost 10% and there was a move towards the USD 1.20 level....
Read More: Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red
Original source
Read on CryptonewsRelated market context
Ethereum Price Rebound Gains Traction After Clearing Key Hurdles
Ethereum price started a fresh increase and remained stable above $1,680. ETH is now correcting gains and might continue higher if...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants
Coins.ph integrated bitcoin and ethereum into the Philippines’ national QR Ph network, allowing users to spend crypto seamlessly a...
Crypto Today: Bitcoin ETF Rumours, Ethereum Strength, and Mining Heat for Canadian Homes
Bitcoin ETF rumours lift sentiment, Ethereum recaptures $3,800, and North Vancouver uses mining heat for homes. Coinbase unveils p...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Michael Saylor says investor confidence in Ethereum has collapsed
Ethereum's declining investor confidence signals a shift towards Bitcoin dominance, emphasizing real-world utility over speculativ...